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| | | As the cash rate drops to three per cent, Self Managed Super Funds (SMSFs) are turning their attention towards the industrial property market in search for low-risk funds with higher-than-cash returns. Charter Hall Direct Property head Richard Stacker ... |
| | | | ... representing credit unions and building societies is jumping on the election year to launch a new campaign designed to give bank customers a fairer deal. With the election only seven months away, industry body Abacus Australian Mutuals backs the public ... |
| | | | ... 3,667.04 points. Wall Street was closed for the President's Day public holiday. In economic news on Tuesday, the Reserve Bank of Australia releases the minutes of its February board meeting and the Australian Bureau of Statistics (ABS) releases January's ... |
| | | | ... Australia as he has been in the business development industry for 18 years and worked as a senior executive with UBS, Macquarie Bank and HSBC. |
| | | | ... Bureau of Statistics is due to release new motor vehicle sales figures for January. In equities news, Bendigo and Adelaide Bank, Specialty Fashion, Pacific Brands, nib Holdings, Amcor, Lend Lease Group, BlueScope Steel are among the companies expected ... |
| | | | ... per cent, to $27.85 after it said its first quarter net profit had dropped by nearly a fifth to $1.36 billion. However, the bank's unaudited underlying cash profit for the quarter rose 6.25 per cent, to $1.53 billion from $1.44 billion. Meanwhile, CBA ... |
| | | | ... tinker with super such as altering and increasing superannuation and pension tax rates," he said. On Wednesday, Commonwealth Bank boss Ian Narev also asked politicians from both parties not to use superannuation as a political pawn in the run up to the ... |
| | | | ... one-off expenses, was down 20% on last year to $1.36 billion. The cash profit rise was attributed to volume growth in the bank's Asia business, an area that has been specifically targeted following expectations of a slowing domestic economy. "Further ... |
| | | | keep your investments diverse and stay the course. That is the advice from Vanguard's chief economist in Europe, on the best way to design portfolios to adapt to the economics woes gripping the euro zone. Dr Peter Westaway explained how probable different ... |
| | | | ... said. "They [Australia's major banks] will need to take the term deposit rate lower," he said. Earlier this month the Reserve Bank left the official cash rate at 3%. He warned retail investors that as a low interest rate environment makes itself know ... |
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